As Nvidia’s CEO, Jensen Huang, prepares to unveil new flagship products at the company’s annual developer conference, questions arise about how long Nvidia can hold onto its position as the dominant supplier of artificial intelligence chips. With expectations of 16,000 attendees at the live event, doubling the number of the previous in-person conference in 2019,
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Home Depot has announced the opening of four new distribution centers in Detroit, Los Angeles, San Antonio, and Toronto in the first half of the year. These facilities will cater to professionals in the home remodeling and construction industry, providing space for bulkier items such as lumber, shingles, and insulation that are essential for their
Fitch, a leading rating agency, has recently revised its estimate for India’s economic growth for the current fiscal year and the next. The agency now anticipates a real GDP growth of 7.0% in fiscal 2025, representing a 50 basis points increase from its previous forecast in December. This upward revision is based on the strong
Foxconn, a key supplier for Apple, recently reported a 33% increase in fourth-quarter profit, surpassing expectations. The surge in profit was attributed to the high demand for AI servers and robust sales during the holiday season. The company’s net profit for the October-December quarter reached T$53.14 billion, up from T$40 billion in the same period
Keystone Investors, an Asian hedge fund that originated from Schonfeld Strategic Advisors, is making headlines with its decision to suspend subscriptions in April. This move comes after experiencing an impressive 160% increase in assets since its launch in 2022. The Singapore-based equity fund has surpassed $2 billion in assets under management following a recent round
The lithium industry, particularly in the production of batteries for electric vehicles, is undergoing significant changes. Albemarle, a key player in the sector, has announced plans to introduce auctions for the sale of lithium supplies as part of an effort to enhance market transparency and address the challenges facing the industry. The Need for Transparency
Nowhere Special, directed by Uberto Pasolini and starring James Norton, delves into the emotional journey of a 35-year-old window cleaner named John. After his son’s mother leaves them, John devotes himself to raising Michael. However, when John receives devastating news about his health, he embarks on a mission to find a new family for Michael.
Bong Joon-Ho’s upcoming film, Mickey 17, is set to be released on Jan. 28, 2025, in South Korea, just three days before its global launch. The decision to premiere the movie during the Lunar New Year holiday window is a strategic move by Warner Bros. to capitalize on the increased moviegoing audiences during this festive
The recent announcement of CEO Stephanie Linnartz stepping down at Under Armour has left many questioning the direction of the company. Coming from a background of nearly 30 years at Marriott International, Linnartz brought a wealth of experience to the athletic apparel brand when she took over as CEO in February 2023. However, her abrupt
SpaceX, founded by the visionary entrepreneur Elon Musk, is gearing up for its third Starship test flight, scheduled to take place soon. This comes after receiving the necessary launch license approval from the Federal Aviation Administration (FAA). The upcoming test flight aims to build upon the lessons learned from past flights and showcase new capabilities.